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Senate Banking chairman prods Credit Suisse, others on Archegos

Senate Banking chairman prods Credit Suisse, others on Archegos
Senate Banking chairman prods Credit Suisse, others on Archegos
Sen. Sherrod Brown, D-Ohio, chairman of the Senate Banking Committee.
Senate Banking Committee Chairman Sherrod Brown, D-Ohio, is demanding answers from Credit Suisse and other banks on their margin call and market activity connected to Archegos Capital Management, the hedge fund that defaulted on margin calls by Credit Suisse and other banks last month.
In the chairman s letter sent Wednesday to Credit Suisse Securities, Nomura Holding America, Goldman Sachs and Morgan Stanley, Mr. Brown said he is troubled, but not surprised, by the news reports that Archegos entered into risky derivatives transactions facilitated by major investment banks, resulting in panicked selling of stocks worth tens of billions of dollars and those banks collectively losing nearly $10 billion. ....

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Factbox: Biggest blowups among financial funds

Factbox: Biggest blowups among financial funds
reuters.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from reuters.com Daily Mail and Mail on Sunday newspapers.

New York , United States , Raj Rajaratnam , Bernard Madoff , Neil Woodford , John Mccrank , Matthew Lewis , Stevena Cohen , Thomson Reuters Trust Principles , Credit Suisse , United Lf Woodford Equity Income Fund , Federal Reserve , Harvard University , Galleon Group , Amaranth Advisors , Archegos Capital , Long Term Capital Management , Sowood Capital , Pequot Capital , United Kingdom Focused , Equity Income Fund , Thomson Reuters Trust , புதியது யார்க் , ஒன்றுபட்டது மாநிலங்களில் , ராஜ் ராஜரத்தினம் , பெர்னார்ட் மடோஃப் ,

The Wall Street players at the GameStop hearing - Netscape Money & Business

The Wall Street players at the GameStop hearing
By Svea Herbst-Bayliss and John McCrank
Reuters
BOSTON/NEW YORK (Reuters) - The public will get the rare opportunity on Thursday to hear from big hedge fund managers who generally operate out of the spotlight, along with other players in the GameStop trading frenzy who are scheduled to testify in the U.S. Congress.
Founders of hedge funds Citadel and Melvin Capital Management and trading app Robinhood are due to speak at the hearing which will be livestreamed https://financialservices.house.gov/calendar/eventsingle.aspx?EventID=407107. So are Keith Gill, who helped fuel the surge in GameStop with Reddit posts using the tag Roaring Kitty, and Reddit chief executive Steve Huffman. ....

Stanford University , United States , Gabriel Plotkin , David Gregorio , John Mccrank , Peng Zhao , Steve Huffman , Ken Griffin , Keith Gill , Gamestop Reddit , Megan Davies , Baiju Bhatt , Stevena Cohen , Svea Herbst Bayliss , Us Congress , Robinhood Markets Inc , Wall Street , Melvin Capital Management , Roaring Kitty , Citadel Securities , Melvin Capital , Amaranth Advisors , Sowood Capital , Executive Officer Vlad Tenev , New York Based , Biscayne Bay ,

The Wall Street players at the GameStop hearing

The Wall Street players at the GameStop hearing
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The Wall Street players at the GameStop hearing
Ken Griffin, Founder and CEO, Citadel, speaks during the Milken Institute s 22nd annual Global Conference in Beverly Hills, California, on Apr 30, 2019. (Photo: REUTERS/Mike Blake)
18 Feb 2021 02:50AM
(Updated:
18 Feb 2021 03:50AM)
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BOSTON/NEW YORK: The public will get the rare opportunity on Thursday to hear from big hedge fund managers who generally operate out of the spotlight, along with other players in the GameStop trading frenzy who are scheduled to testify in the US Congress.
Founders of hedge funds Citadel and Melvin Capital Management and trading app Robinhood are due to speak at the hearing which will be livestreamed. So are Keith Gill, who helped fuel the surge in GameStop with Reddit posts using the tag Roaring Kitty, and Reddit chie ....

Stanford University , United States , Gabriel Plotkin , David Gregorio , John Mccrank , Peng Zhao , Steve Huffman , Ken Griffin , Keith Gill , Gamestop Reddit , Megan Davies , Baiju Bhatt , Stevena Cohen , Svea Herbst Bayliss , Us Congress , Robinhood Markets Inc , Melvin Capital Management , Roaring Kitty , Citadel Securities , Melvin Capital , Amaranth Advisors , Sowood Capital , Executive Officer Vlad Tenev , New York Based , Biscayne Bay , Charlotte Hornets ,

The Wall Street players at the GameStop hearing

The Wall Street players at the GameStop hearing
wsau.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from wsau.com Daily Mail and Mail on Sunday newspapers.

Stanford University , United States , Gabriel Plotkin , David Gregorio , John Mccrank , Peng Zhao , Steve Huffman , Ken Griffin , Keith Gill , Gamestop Reddit , Megan Davies , Baiju Bhatt , Stevena Cohen , Svea Herbst Bayliss , Us Congress , Robinhood Markets Inc , Melvin Capital Management , Roaring Kitty , Citadel Securities , Melvin Capital , Amaranth Advisors , Sowood Capital , Executive Officer Vlad Tenev , New York Based , Biscayne Bay , Charlotte Hornets ,